Trump's tweet comes a day after Apple put out a press release describing the money it spends on U.S.-based suppliers and vendors.Technologyread more
President Donald Trump held a call on Wednesday with the CEOs of three major U.S. banks, according to people with knowledge of the situation.Marketsread more
Benefits from what President Trump called "the biggest reform of all time" to the tax code have dwindled to a faint breeze just 20 months after its enactment, writes John...Politicsread more
Epstein, 66, was found in his cell in Manhattan federal lockup Saturday morning and transferred to a nearby hospital, where he was subsequently pronounced dead.Politicsread more
Air travelers faced delays at U.S. airports on Friday afternoon after a computer issue snarled processing of international arrivals.Airlinesread more
Daniel Povey, a professor who was fired by Johns Hopkins University, said he will no longer go work at Facebook after the company asked him to work as a contractor while it...Technologyread more
Markets would like Fed Chairman Jerome Powell to clarify whether the Fed sees itself at the beginning of a serious, longer-term rate cutting cycle.Market Insiderread more
In comparative terms, CEOs now make on average 278 times the average worker's salary, according to the Economic Policy Institute.Executive Compensationread more
The former cellmate's lawyer, Bruce Barket, told NBC that officials at the jailhouse said in an email that Tartaglione would face no charges or internal discipline now that...Politicsread more
Roger Stone and the Department of Justice have been sparring for a month over whether jurors can be shown a 4-minute-and-20-second clip from the film.Politicsread more
As part of his new proposal to combat hate and violence, O'Rourke wants to make social media companies liable for users' hateful content.Technologyread more
European stocks closed higher Friday, tracking their fourth straight week of gains, as investors digested fresh earnings and growth data from the U.S.
The pan-European Stoxx 600 closed provisionally 0.4 percent higher. Basic resources jumped as trade concerns eased and corporates brought positive news to the market. Oil and gas stocks were also higher, after BP agreed to buy U.S. shale oil and gas assets from global miner BHP Billiton. The latter rose 2.044 percent. Telecoms were the best performing sector, up by 2.2 percent, on strong earnings. BT shares rose 4.959 percent after announcing an increase in profits.
Looking across the European benchmark, Carrefour rose 12.01 percent after reporting a profit increase in the first half of the year, whereas Kering fell 7.72 percent after Gucci sales came in slightly weaker than forecasts.
On the economic data front, gross domestic product figures for France were released before the bell — which came in below market forecasts. According to INSEE stats group, France's economy grew by 0.2 percent in the second quarter as the European nation was hit by strikes and a drop in consumer spending.
In the U.S., gross domestic product grew at a solid 4.1 percent pace in the second quarter, boosting hopes that the economy is ready to break out of its decade-long slumber.
Meantime, trade continues to dwell on investor sentiment, as fresh news continues to roll out. On Thursday, U.S. Treasury Secretary Steven Mnuchin told CNBC that a deal on NAFTA would be coming soon. The U.S. has been in renegotiation talks with Canada and Mexico over NAFTA, after President Donald Trump heavily criticized the trade agreement.
The U.S. pledged to work together with the European Union this week, to reduce tariffs and avoid a trade war between the two regions; however the future of car levies remains unknown. On Thursday however, Commerce Secretary Wilbur Ross stated that the Commerce Department would continue its investigation into whether auto imports would inflict a risk on U.S. national security, Reuters reported.